Prime opportunity to acquire a historic property in the highly sought-after Oakwood Historic District of Raleigh. This charming 940 sq ft home sits on a generous 6,534 sq ft lot, offering significant redevelopment or renovation potential in one of the city's most desirable neighborhoods. Zoned for excellent Wake County schools,… Read More this location is ideal for long-term rental demand or a strategic redevelopment project. Nestled just minutes from downtown Raleigh, the property offers quick access to major employment hubs, cultural amenities, and transit corridors. Investors will appreciate the value in this property's unique blend of historic charm and development upside, with strong market appreciation projected in the Oakwood neighborhood. Whether you're looking to renovate and lease or explore a potential tear-down and rebuild, this lot provides a rare chance to enter a prime location with high visibility and established community appeal. Don't miss this chance to invest in Raleigh's growing real estate market with a property poised for growth and cash flow. Contact today to learn more about the development opportunities and potential value-add strategies. Read Less
Courtesy of Empire Brokerage Services, Casey Morsell, .
Listing Snapshot
Days Online
18
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
1
Partial Baths
1
Square Ft.
940
Lot Size
0.15 Acres
Year Built
1915
MLS Number
10108218
30 Days Snapshot Of 27610
$448k
0%
(avg) sold price
0
-100%
homes sold
115
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 940, Building Area Units: Square Feet, Construction Materials: "See Remarks", Living Area Units: Square Feet, Living Area: 940, Structure Type: "House", Year Built: 1915
Cooling
Cooling: "Other", Cooling Included
Floors
Flooring: "See Remarks"
Foundation
Foundation Details: "See Remarks"
Heating
Heating: "See Remarks"
Lot
Lot Size Acres: 0.15, Lot Size Area: 6534, Lot Size Square Feet: 6534, Lot Size Units: Square Feet, Parcel Number: 1714205455
Parking
Open Parking
Property
Property Sub Type: Single Family Residence
Roof
Roof: "See Remarks"
Sewer
Sewer: "Other"
Taxes
Tax Annual Amount: 2138
Utilities
Water Source: "See Remarks"
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Information Not Guaranteed. Copyright 2024 Triangle MLS, Inc. of North Carolina. All rights reserved. Listings marked with an icon are provided courtesy of the Triangle MLS, Inc. of North Carolina, Internet Data Exchange Database.
Closed (sold) listings may have been listed and/or sold by a real estate firm other than the firm(s) featured on this website. Closed data is not available until the sale of the property is recorded in the MLS. Home sale data is not an appraisal, CMA, competitive or comparative market analysis, or home valuation of any property. Listings last updated on , .
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